Hyundai Motor, the world's No.3 automaker by sales with its affiliate Kia Corp, reported a net profit of 2.2 trillion won ($1.65 billion) for the October-December period versus a profit of 1.7 trillion won a year earlier.
Hyundai Motor s fourth-quarter net profit rises 31%, misses forecasts cnbc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnbc.com Daily Mail and Mail on Sunday newspapers.
SEOUL :South Korea's Hyundai Motor on Thursday predicted slower sales growth this year due to weak demand and economic uncertainties such as interest rates and inflation, signalling further challenges for the auto industry. Hyundai, which with affiliate Kia is the world's number three automaker by sales, repo
SEOUL Operations at Kia Corp's assembly plant in South Korea have been suspended due to disruptions in parts supplies, the carmaker said on Wednesday (Nov 8). Poongki Industrial Co Ltd, a Kia supplier that makes chassis parts, suffered a fatal accident that resulted in the death of one worker on Tuesday and halted its own operations, causing supply disruptions.
SEOUL : Operations at Kia Corp's assembly plant in South Korea have been suspended due to disruptions in parts supplies, the carmaker said on Wednesday.Poongki Industrial Co Ltd, a Kia supplier that makes chassis parts, suffered a fatal accident that resulted in the death of one worker on Tuesday and halt